Banff and Buchan MP David Duguid has welcomed news that the UK and EU have signed a historic trade deal.
The Prime Minister announced today that a “zero tariff, zero quota” deal had been agreed following months of negotiations.
Boris Johnson said that the Conservative government had delivered on the result of the 2016 referendum and the 2019 general election manifesto commitment to take back control of money, borders, laws, trade and fisheries.
Scottish Conservative MP for Banff and Buchan David Duguid said
It is very welcome to see the UK and EU agree an historic trade deal today.
This has been a long and difficult negotiation, but credit to the negotiating teams for reaching agreement just in time for Christmas.
The deal will provide some much-needed certainty for businesses and will allow the UK to continue to trade with our European partners while striking deals in new markets around the world.
And, of course, we will be taking sovereign control over our coastal waters as we leave the Common Fisheries Policy.
The Prime Minister has today said that EU catches in UK waters will reduce year on year during a five-year adjustment period before we move to annual negotiations, just like every other independent coastal state. The UK Government is also providing a £100million fund to support the industry and coastal communities.
It is also important to note that, having left the EU, the UK is already taking part in bilateral negotiations with Norway and the Faroes – something the EU used to do previously on our behalf.
MPs will have the chance to vote on the deal in the House of Commons before the end of the year.
I will be taking time in the coming days to study the fine detail of what has been agreed and of course I continue to engage with the industry in Banff and Buchan and across Scotland.